This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: An example of an activity that is likely to generate benefit (positive) externality is A) a well ... (Read 63 times)

panfilo

  • Hero Member
  • *****
  • Posts: 572
on: Jul 1, 2018
An example of an activity that is likely to generate benefit (positive) externality is
 
  A) a well manicured lawn of your neighbor.
  B) growing wild flowers on city street islands.
  C) fireworks on the 4th of July.
  D) an educated workforce.
  E) All of the above

Question 2

Explain why risk can be insured against but uncertainty cannot.
 
  What will be an ideal response?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

ladyjames123

  • Sr. Member
  • ****
  • Posts: 346
Reply #1 on: Jul 1, 2018
Answer to Question 1

E

Answer to Question 2

The provider of insurance policies can assign probabilities to the occurrences of insurable events and calculate premium rates to charge. With uncertainty, no probabilities can be attached to such events and it isn't possible to construct the appropriate premium rates.


panfilo

  • Member
  • Posts: 572
Reply 2 on: Jul 1, 2018
Excellent

irishcancer18

  • Member
  • Posts: 310
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Over time, chronic hepatitis B virus and hepatitis C virus infections can progress to advanced liver disease, liver failure, and hepatocellular carcinoma. Unlike other forms, more than 80% of hepatitis C infections become chronic and lead to liver disease. When combined with hepatitis B, hepatitis C now accounts for 75% percent of all cases of liver disease around the world. Liver failure caused by hepatitis C is now leading cause of liver transplants in the United States.

Did you know?

It is widely believed that giving a daily oral dose of aspirin to heart attack patients improves their chances of survival because the aspirin blocks the formation of new blood clots.

Did you know?

The first monoclonal antibodies were made exclusively from mouse cells. Some are now fully human, which means they are likely to be safer and may be more effective than older monoclonal antibodies.

Did you know?

More than 20 million Americans cite use of marijuana within the past 30 days, according to the National Survey on Drug Use and Health (NSDUH). More than 8 million admit to using it almost every day.

Did you know?

Hypertension is a silent killer because it is deadly and has no significant early symptoms. The danger from hypertension is the extra load on the heart, which can lead to hypertensive heart disease and kidney damage. This occurs without any major symptoms until the high blood pressure becomes extreme. Regular blood pressure checks are an important method of catching hypertension before it can kill you.

Increasing Physical Activity Increasing Physical Activity
Positive ring precipitin test. Positive ring precipitin test.
The “inside positive” rule The “inside positive” rule
Human activity has released carbon from sequestration in long-term reservoirs Human activity has released carbon from sequestration in long-term reservoirs
Control of Homeostasis: Positive Feedback Control of Homeostasis: Positive Feedback
Daily Alertness Activity Daily Alertness Activity
Video: Nerve Impulse Transmission Animation

For a complete list of videos, visit our video library